Score Big With ScholarShare's College Savings Madness Sweepstakes
California's 529 College Savings Plan Offers Chance to Win Lillybee U Flats and 529 Account
(firmenpresse) - SACRAMENTO, CA -- (Marketwired) -- 03/16/15 -- In the spirit of the 2015 NCAA basketball tournament, , California's 529 college savings plan, announced its College Savings Madness sweepstakes. Running now through April 6, 2015, sweepstakes entrants have a chance to win a pair of Lillybee U flats and shoe clips from each round of the sweepstakes. In early April, one entrant will be randomly selected to receive the grand prize of a $1,000 ScholarShare 529 College Savings Plan account for that special loved one.
The College Savings Madness sweepstakes will be hosted on ScholarShare's page. To enter for a chance to win, California parents, guardians or family members must submit an official entry form through the ScholarShare Facebook page. Each sweepstakes entrant may submit one daily official entry form during the sweepstakes period. During the first few rounds of the sweepstakes, one College Savings Madness sweepstakes entry will be randomly selected to receive a pair of U flats and shoe clips on the following dates: March 18, 2015, March 22, 2015, March 25, 2015, March 29, 2015 and April 4, 2015. On April 6, 2015, one final entry will be randomly selected to receive a $1,000 ScholarShare 529 College Savings Plan account, along with a pair of Lillybee U flats and shoe clips. The sweepstakes will close at 9:00 p.m. PT on Monday, April 6, 2015. More details about the sweepstakes, including official rules, prize details and eligibility, are available on ScholarShare's Facebook page. No purchase necessary. Void where prohibited. Sponsored by ScholarShare.
ScholarShare, recently awarded a Bronze medal rating by Morningstar, a prominent ratings agency, has the tools to make it easier than ever for family and friends to contribute. Through ScholarShare's "" option, parents, grandparents, aunts, uncles and family friends can open a new 529 plan account as a gift or make a gift contribution to an existing one. College savings specialists are available to answer questions by phone or in-person consultations at no cost.
ScholarShare offers a wide variety of low-cost investment options. It also provides valuable tax advantages. Any U.S. citizen, or resident alien with a valid Social Security Number or Taxpayer Identification Number, can open a new account. Funds can be used at any eligible educational institution in the nation, and some abroad, for a variety of qualified higher education expenses, including mandatory fees, books, supplies, or even certain room and board costs.
ScholarShare accounts may be opened with as little as $25. ScholarShare has no annual account maintenance fee, no income limit and offers a high maximum account balance. Established in 1999, ScholarShare currently holds more than $6.3 billion in assets in more than 261,000 accounts as of 02/20/15. To sign up for an account or for more information about the plan, visit . For information about the ScholarShare Investment Board (SIB), visit . Like ScholarShare on Facebook at and follow us on Twitter at .
Named for the section of the IRS code under which they were created, 529 plans offer valuable tax advantages. Contributions are made with money that has already been taxed. Once funds are placed in the account, investment earnings, if any, are not federally or state taxed, if withdrawn to pay for qualified higher education costs.
The ScholarShare 529 College Savings Plan Twitter and Facebook pages are managed by the State of California.
TIAA-CREF Tuition Financing, Inc., Plan Manager.
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Datum: 16.03.2015 - 15:00 Uhr
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News-ID 378751
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